BRISCOE "K" STATE A

Operated by SM ENERGY COMPANY (P-5 788997) in the GOLD RIVER, NORTH (OLMOS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 193226District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$581 k
Feb 2003 – Jan 2015
Value, last 12 filed months
$42
at the published price for each month
Months reported
144
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 830 leases and 840 wells, and the rule below applies to all of them.

Discovered
1978-10-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2005-10-25.

The Commission's schedule remark for this field reads: REMAIN SUSPENDED.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112003-05-16150856
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition185 bbl$8,701
GasProduction85,465 Mcf$572,569
Total$581,269

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 28.0159, -99.8965. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.01588, -99.89647 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
5,350 ft
1 wells filed one
Completion to plug
11.9 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 5,350 ft.

Completions filed
Feb 2003
1 of 1 wells
Plug dates filed
Jan 2015
1 of 1 wells

Last completion to plug: a median of 11.9 years across the 1 well that filed both dates, with the middle half between 11.9 years and 11.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4793829835,350 ftFeb 2003Jan 2015Yes

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (144)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

144 months

Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140278.303.90$8
Sep 20140386.164.05$12
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140195.944.81$5
Mar 20140195.895.06$5
Feb 20140297.406.19$12
Jan 20140290.404.86$10
Dec 20130291.824.35$9
Nov 20130288.853.74$7
Oct 20130297.423.78$8
Sep 201303104.113.72$11
Aug 2013011104.253.52$39
Jul 2013015102.523.72$56
Jun 201301994.403.93$75
May 201302394.834.15$95
Apr 201302493.964.28$103
Mar 201301493.623.91$55
Feb 201301291.233.42$41
Jan 201301491.603.42$48
Dec 201201186.773.42$38
Nov 201231086.953.62$297
Oct 201201189.383.40$37
Sep 201201294.672.92$35
Aug 201201292.662.91$35
Jul 201205885.133.02$175
Jun 201208879.822.52$222
May 201205391.612.49$132
Apr 2012057101.652.00$114
Mar 2012054105.052.22$120
Feb 2012061101.102.57$157
Jan 201207498.092.73$202
Dec 201107796.873.24$249
Nov 201108995.723.31$295
Oct 20110084.983.65$0
Sep 201101083.623.99$40
Aug 2011010983.404.15$452
Jul 201109794.144.52$438
Jun 2011111292.904.64$613
May 2011010798.134.40$471
Apr 2011063105.964.33$273
Mar 201102596.364.06$101
Feb 201102785.644.18$113
Jan 201105186.504.59$234
Dec 201004685.734.35$200
Nov 201004980.843.80$186
Oct 201006478.103.51$225
Sep 201007472.633.98$294
Aug 2010010373.684.42$455
Jul 2010112572.554.74$665
Jun 201008670.364.91$422
May 201007471.124.24$313
Apr 2010011881.694.12$486
Mar 201009778.394.39$426
Feb 201009673.585.44$522
Jan 201007074.365.96$417
Dec 200904371.445.48$236
Nov 200903174.593.75$116
Oct 200905872.544.11$238
Sep 200908165.543.06$248
Aug 200907767.423.22$248
Jul 200908061.133.46$277
Jun 2009118266.163.90$775
May 200919054.743.93$408
Apr 2009112846.773.59$506
Mar 2009111342.144.06$501
Feb 2009011832.814.63$547
Jan 2009113135.865.37$739
Dec 2008013037.105.98$777
Nov 2008013455.496.86$919
Oct 2008014975.246.92$1,031
Sep 20080146101.767.88$1,150
Aug 20080162114.228.48$1,374
Jul 20080208131.0811.39$2,369
Jun 20081217131.3313.03$2,959
May 20081181123.1711.57$2,218
Apr 20081143110.3110.45$1,605
Mar 20080197101.909.66$1,904
Feb 2008120992.538.77$1,926
Jan 2008024690.388.21$2,019
Dec 2007123088.337.30$1,768
Nov 2007123991.677.29$1,834
Oct 2007021882.856.92$1,509
Sep 2007024575.846.24$1,530
Aug 2007025869.066.39$1,648
Jul 2007027870.906.39$1,776
Jun 2007036862.007.55$2,778
May 2007039458.747.85$3,091
Apr 2007032859.617.81$2,560
Mar 2007042256.927.30$3,081
Feb 2007036655.108.22$3,007
Jan 2007047350.306.73$3,182
Dec 2006051556.656.92$3,563
Nov 2006034854.207.62$2,651
Oct 2006042054.906.01$2,526
Sep 2006045860.085.04$2,307
Aug 2006044868.717.34$3,288
Jul 2006051869.376.34$3,286
Jun 2006048966.286.38$3,122
May 2006063866.016.42$4,099
Apr 2006068664.397.36$5,049
Mar 2006085156.707.08$6,028
Feb 2006071357.597.75$5,527
Jan 200601,03860.598.93$9,273
Dec 200501,18254.9413.42$15,857
Nov 200501,07754.6910.59$11,404
Oct 200521,33158.3413.80$18,479
Sep 200501,38061.4512.08$16,669
Aug 2005131,18361.519.80$12,389
Jul 200501,09955.697.84$8,620
Jun 2005451,41052.337.38$12,762
May 200501,53345.226.65$10,196
Apr 2005331,20849.207.36$10,515
Mar 200501,25050.377.15$8,944
Feb 200501,22345.226.31$7,719
Jan 200501,57443.166.32$9,951
Dec 200401,46039.866.75$9,857
Nov 200401,51145.286.33$9,565
Oct 200402,04249.706.52$13,304
Sep 200402,52043.245.28$13,315
Aug 200402,02642.375.55$11,246
Jul 200403,29638.286.08$20,053
Jun 200402,36336.106.43$15,201
May 200443,76237.486.49$24,583
Apr 200401,94034.475.86$11,365
Mar 2004451,07034.365.53$7,463
Feb 2004096532.455.51$5,317
Jan 200401,20032.036.30$7,560
Dec 200301,53630.266.30$9,679
Nov 200301,58828.804.60$7,297
Oct 200301,90728.174.76$9,077
Sep 200301,96226.314.75$9,318
Aug 2003262,11429.765.13$11,618
Jul 200302,41029.415.17$12,462
Jun 200302,07228.565.98$12,397
May 200302,96226.595.97$17,691
Apr 200312,92726.675.41$15,854
Mar 200304,08931.146.10$24,927
Feb 200305,67633.487.93$44,987

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Oct 2014 — as filed, then multipliedworked
Condensate             0 bbl  × $ 78.30 =         $0
Gas                    2 Mcf  × $  3.90 =         $8

────────────────────────────────────────────────────
Month total                                       $8

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 04/G/193226 is the state's own key, not one this site invented.